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Ontario Mortgage Rates

 

Click Here to read the March 2, 2010 Bank of Canada Announcement

 


In this issue
  • Current Rates
  • How do you get the best rate?
  • Bank of Canada March 02, 2010
  •  

    We specialize in making it easier

    to get a better mortgage


    We offer a level of specialized knowledge and service that far surpasses what you've come to expect from your own bank. We recommend mortgages from a variety of different sources. We shop every available lender to make sure you get the most attractive rate and features. And best of all, our professional advise and assistance is free(2)

    Great Mortgage Rates

     

     

     

    Effective: March 10, 2010
      Up to 35 (Insured) and 40 year (conventional) amortizations available

     

    Term
    Don't Pay Posted
    Bank Rates(1)
    Mortgage Intelligence's
      Great Rates(2)
     
    Payment
    Factor(3) 
    6 mo
        4.60%    
    3.85%  
    $5.18 
    1 year
    3.65%
    2.60%  
    $4.53 
    2 year
    3.95%
    2.95%  
    $4.71 
    3 year
    4.30%
    3.40%  
    $4.94 
    4 year

    5.04%

    3.69%  

    $5.09 
    5 year5.39% 3.69% (4)$5.09 
     5 year  5.39% 3.79% (5)$5.15 
    7 year
    6.30%
    4.95%  
    $5.79 
    10 year
    6.50%
    5.20%  
    $5.93 
    Prime Rate
    2.25%
    Adjustable Rate Mtg
    1.85%
    Prime -.40%

      
    (1) Market rate is the posted rate offered by the majority of Canadian financial institutions

    (2) OAC - CMHC Approved Lenders. Rates subject to borrower, property qualification & change without notice. E&OE.
    (3) Payment factor per $1,000 based on a 25 year amortization

    (4)OAC - certain conditions apply - CMHC 30 day quick close

    (5)OAC - certain conditions apply - CMHC up to 120 day commitment

    (6)OAC - certain conditions apply - up to 120 day commitment period
     
    Adjustable Rate Mortgage aka: Variable Rate Mortgage